Assistant Controller

Who we're looking for:

We're looking to build the best teams possible with highly motivated and engaged employees. We have an exciting opportunity for an Assistant Controller to join The Douglaston Companies. If you are looking to work in a collaborative and supportive environment, but also be challenged in your role, we welcome you to apply!

Essential duties and responsibilities:

Financial Management & Reporting:

• Oversee accounting functions, including AP/AR, general ledger, reconciliations, and cash management.
• Assist in preparation of monthly, quarterly, and annual financial reports.
• Manage financial audits and liaise with external auditors and tax advisors.

Real Estate Development Accounting

• Track and report on project budgets, costs and contract management

• Manage construction loan draws, monitor cash flow, and prepare cash flow projections.

• Work closely with project managers, property management, lenders, and investors.

Compliance & Regulatory Oversight

• Ensure compliance with various regulations (e.g. Affordable housing agencies, LIHTC, loan covenants, etc.).
• Oversee property tax filings, and state and local income tax reporting.
• Ensure compliance with GAAP and other relevant accounting standards.

Team Leadership & Process Improvement

• Supervise and mentor accounting staff.
• Implement and refine internal controls and accounting procedures.
• Leverage technology to improve accounting efficiency and reporting accuracy.

Qualifications, Skills, and Abilities:

• Bachelor’s degree in Accounting, Finance, or a related field; CPA preferred.
• 7+ years of experience in accounting, with at least 3 years in real estate development or property management.
• Strong understanding of real estate financial structures, including construction loans, JV agreements, and tax credits.
• Experience with accounting software (e.g. Sage, Yardi, MRI, QuickBooks).
• Excellent analytical, leadership, and communication skills.

Diverse candidates are encouraged to apply! The Douglaston Companies is proud to be an inclusive Equal Opportunity Employer, committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination based on any legally protected status or protected characteristic, including, but not limited to an individuals sex, race, color, ethnicity, ancestry, national origin, age, religion, gender identity or expression, sexual orientation, genetic information, medical condition, disability, marital status, caregiver status, pregnancy, citizenship, military or veteran status.

What else can you expect from The Douglaston Companies?

• Health: We proudly offer a full suite of health benefits! Thats medical, dental, vision, FSA, HSA, and even pet insurance for your furry family, to name a few. We also provide Life Insurance employer paid (basic with option to purchase more), Enhanced Short-Term Disability and Long-Term Disability coverage!
• Wealth: great pay, 401(k) plan with a very generous employer match and vesting schedule because your retirement is just as important to us as it is to you!
• Development: virtual courses, tuition reimbursement, lunch and learns and wellness programs.
• Balance: paid time off, 9 company holidays, hybrid work schedule with 4 days in the office and 1 remote (subject to your location and role). We offer a fun-fast paced culture that's a perfect mix of high performance.

Salary Range:

• $155,000 - $165,000

Who we are:

Douglaston Development, Levine Builders, and Clinton Management are a dynamic privately held group of companies with a unique owner-builder-manager advantage, known collectively as The Douglaston Companies.

The Douglaston Companies started with the founding of Levine Builders in 1979 with just two people. Standing by our core values of integrity and ethics for the past four decades the firm has grown to 200 employees. By providing general contracting and construction management services, Levine Builders has built, renovated and rehabilitated thousands of residential units and millions of square feet of commercial, hotel, office buildings, retail centers, religious, educational, and healthcare facilities.

With the later establishment of Douglaston Development as the driving engine of the organization, the two companies worked in unison to leverage each others expertise to develop and build most complex projects while also growing and thriving in challenging markets.

In 2002, Clinton Management was founded to manage the expanding portfolio of developments created by Douglaston Development and constructed by Levine Builders. Clinton Management oversees a broad portfolio of moderate-income housing, luxury apartments, commercial, and retail properties.

Each affiliate company works together to cohesively acquire property, develop it to its full potential, and manage it efficiently, assuring that each investment achieves and maintains maximum value and profitability while strengthening the community in which the assets are located.